The financial service industry has been one of the most eager adopters of AI-powered technology. Given their vast quantities of contracts, their need to understand what is included in their contracts and their appetite to invest in technology to drive their businesses forward, it is no surprise that the large investment and retail banks have been looking at their current processes and investigating how machine learning can unlock hidden value. This is where Seal Software Contract Analytics comes into the strategy. The process can be automated to such a degree that up to eight million documents can be analyzed within a 48-hour period. That leaves enough time to assess the extent of exposure and outline an effective remediation.

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